Kuwait - Gross savings (current US$)

The latest value for Gross savings (current US$) in Kuwait was $43,951,000,000 as of 2019. Over the past 44 years, the value for this indicator has fluctuated between $99,118,850,000 in 2012 and ($26,010,020,000) in 1991.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $8,161,154,000
1976 $9,102,576,000
1977 $7,851,562,000
1978 $9,264,783,000
1979 $17,411,920,000
1980 $19,869,020,000
1981 $17,864,690,000
1982 $10,403,320,000
1983 $10,691,570,000
1984 $11,555,750,000
1985 $9,478,079,000
1986 $10,104,350,000
1987 $11,695,530,000
1988 $10,144,010,000
1989 $12,595,880,000
1990 $3,627,266,000
1991 ($26,010,020,000)
1992 $4,547,586,000
1993 $7,468,177,000
1994 $7,805,744,000
1995 $10,254,260,000
1996 $12,572,860,000
1997 $12,936,940,000
1998 $7,000,398,000
1999 $9,447,206,000
2000 $18,692,650,000
2001 $13,312,560,000
2002 $10,787,200,000
2003 $17,382,310,000
2004 $28,967,760,000
2005 $47,561,300,000
2006 $67,920,100,000
2007 $65,630,000,000
2008 $86,229,930,000
2009 $45,485,420,000
2010 $59,463,380,000
2011 $88,405,600,000
2012 $99,118,850,000
2013 $95,976,700,000
2014 $81,589,570,000
2015 $35,419,440,000
2016 $27,851,880,000
2017 $42,843,890,000
2018 $54,860,210,000
2019 $43,951,000,000

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts